It wouldn’t be a healthy Friday without Cinco Bala. This weeks top 5 lessons, hacks and quotes I’ve been pondering, applying and battling.
For those of you who are new, this is a concept I took from Tim Ferriss. (This is just focused on MLM and online marketing) If you don’t subscribe to his newsletter. You should do it.
Lesson in Online Marketing: Don’t Extract Without Adding –Wouldn’t it be awesome to catch the attention of your biggest idols in business and life?
Can you imagine what ONE email from a massive guru could do for your business?
Imagine if you had Tony Robbins email his list and promote your product…
Can fathom what would happen?
Well here’s how you catch their attention in a way you DON’T want.
Try to extract value from them without adding.
This happens ALL the time and let me tell you, people remember.
If you want to be a player in your industry, you have to add value before asking for something in return.
Here’s my top level recommendation for you…
If you’re trying to establish a relationship with a “guru” or someone big in your industry, here’s a couple ground rules:
– Buy their products. No one feels good about being taken advantage of. And I promise you that this will happen if you don’t.
– Write them honest and heartfelt testimonials.
– Comment and follow them on their active social channels.
Basically, be their biggest fan, user and success story.
Case in point, I want to continue establishing a relationship with someone I value in the marketing space. So I bought a VIP ticket to his event, knowing full well that I probably couldn’t make it.
I’m not crazy enough to think that he’ll want to continue spending time with me if I try siphoning from him while not adding in return.
Another guru invited us to a private party in Iceland. WHAT?! – I mean that’s cool but I don’t really want to go to Iceland and spend all that time and money.
But you know what? We’re going.
Why?
Because I’m adding value TO him before asking for anything in return.
Violate this at your own risk.
Lesson in Network Marketing: Work Smart – This picture perfectly describes most people in business and network marketing. (Thanks Dan Lok) Most people quit and they get what they deserve…
And there’s a few who hustle. They know what they want and grind for it. This was me for years.
But in every industry, including MLM. The biggest winners will always be those who think, develop valuable skills and change course when necessary. I.e.: Work Smart.
The key is to combine intelligent 🤓 thinking and hustle.
If you’re not getting results, most likely you just need to work more. 99% of people on our team and across the industry aren’t working NEARLY hard enough to get results.
Ask yourself, if I was PAYING SOMEONE else a full time salary to do what I’m doing in my business, would I keep them or fire them?
If you’re doing the work, now it’s time to make sure you’re working smart. But don’t try to steer a parked car.
How To Rebuild After Losing Everything: Dhar Mann – Four story mansions, an exotic car for every day of the week and money coming in faster than you could spend it is most people’s idea of success…
And that’s exactly what Dhar Mann had.
By 25 years old, Dhar had already built a business that gave him that lifestyle, two seperate times.
But each time, he watched the whole thing crumble to pieces, leaving him with no money, a severely damaged reputation and living in a 300 square foot apartment with a roommate.
Taking that kind blow one time is enough to cripple pretty much anyone, let alone taking that blow multiple times.
But in this truly inspirational conversation, you’ll see how Dhar not only dusted himself back off but has gone on to build a new 8 figure company in under 2 years.
Not only that but Dhar will reveal some massive life lessons to lower stress, improve your relationships and protect your business from the start.
Quote I Love: “Normal is getting dressed in clothes that you buy for work and driving through traffic in a car that you are still paying for – in order to get to the job you need to pay for the clothes and the car, and the house you leave vacant all day so you can afford to live in it.”
Let’s help these people.
A Revelation: Choosing Your Pain – I listened to a podcast about an “accidental” millionaire. The host told the story of an engineer who lived an incredibly modest and in my opinion, boring life. He never strove to be in management, never had crazy hobbies, never did much…
But he did work hard, have a small six figure income and stayed steady.
Over the years he always invested into his index funds and just left them alone. Nothing special, nothing erratic, nothing fancy. Just consistency.
And at 55 he had paid off the modest house he and his wife bought, had over a million dollars in his retirement accounts was excited to keep working until he no longer could.
Listening to his story helped me realize that if “peace” was my goal, I could stop right now. And with a small amount of effort, we probably all could.
Ashley and I could go get marketing jobs paying six figures each, we could work 9-5, live a modest life and completely forget about the stress of running a business, dealing with haters and the pain of “desire.”
We could live comfortably while investing slowly into our index funds and mimic what this “accidental” millionaire did.
Sometimes when I think about my “why” I come back to money in some way. I think “I’m doing this so that I can make so much money that no one in my family ever has to worry about money.”
But when I dig into it deeper, what I’m really saying is – “I want mental peace.”
I want to stop striving.
But here’s the thing, if that was truly the goal – to have “peace” – we could stop.
So why do we keep striving, while lying to ourselves?
Because we’re not after peace.
We’re after growth, contribution and impact.
Growth is the lifeblood of the soul and contribution is it’s brother.
Sometimes I despise the chaos of life and chase after peace. Only to find it and desire chaos.
So I came to the conclusion that I will no longer tell myself I’m after more money to have more “peace”.
Not only is it a moving target but it’s a stupid goal.
I’m after more personal growth and contribution to the world.
With that comes chaos.
I’m deciding to embrace the chaos instead of fighting it. After all, most entrepreneurs THRIVE off of change, evolution and a form of “chaos.”
Talk soon,
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